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Why Do Established Firms Enter Some Industries and Exit Others? Empirical Evidence on Italian Business Groups

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  • Alessandro Sembenelli
  • Davide Vannoni

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Suggested Citation

  • Alessandro Sembenelli & Davide Vannoni, 2000. "Why Do Established Firms Enter Some Industries and Exit Others? Empirical Evidence on Italian Business Groups," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 17(4), pages 441-456, December.
  • Handle: RePEc:kap:revind:v:17:y:2000:i:4:p:441-456
    DOI: 10.1023/A:1007825831547
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    References listed on IDEAS

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    1. Cairns, Robert D & Mahabir, Dhanayshar, 1988. "Contestability: A Revisionist View," Economica, London School of Economics and Political Science, vol. 55(218), pages 269-276, May.
    2. Levy, David T. & Haber, Lawrence J., 1986. "An advantage of the multiproduct firm : The transferability of firm-specific capital," Journal of Economic Behavior & Organization, Elsevier, vol. 7(3), pages 291-302, September.
    3. Timothy Dunne & Mark J. Roberts & Larry Samuelson, 1988. "Patterns of Firm Entry and Exit in U.S. Manufacturing Industries," RAND Journal of Economics, The RAND Corporation, vol. 19(4), pages 495-515, Winter.
    4. Geroski, P. A., 1995. "What do we know about entry?," International Journal of Industrial Organization, Elsevier, vol. 13(4), pages 421-440, December.
    5. Haynes, Michelle & Thompson, Steve & Wright, Mike, 2000. "The determinants of corporate divestment in the UK," International Journal of Industrial Organization, Elsevier, vol. 18(8), pages 1201-1222, December.
    6. Montgomery, Cynthia A. & Hariharan, S., 1991. "Diversified expansion by large established firms," Journal of Economic Behavior & Organization, Elsevier, vol. 15(1), pages 71-89, January.
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    Cited by:

    1. Roberto Alvarez & Ricardo A. López, 2008. "Entry and Exit in International Markets: Evidence from Chilean Data," Review of International Economics, Wiley Blackwell, vol. 16(4), pages 692-708, September.
    2. Davide Vannoni, 2000. "Diversification, the Resource View and Productivity: Evidence from Italian Manufacturing Firms," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 27(1), pages 47-63, March.
    3. Jozef Konings & Ana Xavier, 2002. "Firm Growth and Survival in a Transition Country: Micro Evidence from Slovenia," LICOS Discussion Papers 11402, LICOS - Centre for Institutions and Economic Performance, KU Leuven.

    More about this item

    Keywords

    Entries; exits; sunk costs;

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